$INJ

Hey Square fam! 🎉 Big news on INJ/USDT — Injective Protocol is making waves again, and there’s a strong chance we might just hit a new all-time high soon. Let’s dive into the action 👇

---

🔥 Market Snapshot

Current Price: ~$13.84, slight dip but holding firm

Weekly Gains: Up ~9–10%

All-Time High: Previously $52–53, back in March 2024

Despite the retracement from that high, the weekly momentum remains solid .

---

📈 Why Bulls Are Back

1. Macro Pattern Replaying

Technical setups are looking eerily similar to the pre-2023 rally — consolidation, accumulation, early breakout — hinting at a repeat scenario with targets between $48–52 and potential upside beyond .

2. Token Burn & Deflationary Momentum

INJ’s protocol regularly burns tokens — remember that June burn of 6 million tokens? It sparked nearly 20% upside in just days . Less supply = more scarcity = bullish catalyst.

3. Key Resistance Breakout

On Binance Square, traders identified a breakout past key resistance zones (~$25–26), setting sights on $30 and beyond if the momentum holds .

---

🛠️ Technical Levels to Watch

Support Zones: $22.5–$25

First Resistance: $26.5–$27.5

Macro Target: Past $30, eyeing previous ATH at $52+

---

💡 Ecosystem & Fundamentals

Injective Layer‑1 Chain: Built for DeFi & cross‑chain apps, features EVM + non‑EVM compatibility

Behind the Scenes: Founded in 2018 via Binance Labs incubator; co‑founders include Eric Chen & Albert Chon

Strong technicals backed by real-world infrastructure — solid recipe for confidence.

---

📝 Friendly Tips for Square Traders

Stick to your risk plan: Trade within $24–25 region and scale out near $30

Stay updated: Look out for new token-burn events or ecosystem news

Share insights: Post your INJ charts & levels on Square with Trader Profile badges to spark discussions!

---

💬 TL;DR

Injective (INJ) is showing bullish setups with strong technical patterns, deflationary tokenomics, and solid ecosystem fundamentals. If momentum stays consistent, we could retest — and maybe surpass! — the $50–52 ATH range 🚀.

Remember: this isn’t financial advice — always DYOR, manage risk, and trade smart.

---